Rental market snapshot for Creston, Grand Rapids

Creston rental market summary

The rental market in Creston, Michigan is showing signs of growth. In July of 2023, there were 39 new listings, a significant increase from the previous month. This suggests that the rental market is becoming increasingly competitive. The median rent in July 2023 was $1,600, a 5.6% decrease from the previous month and a 7.2% decrease from the same time last year. This indicates that rental prices are becoming more affordable for tenants.

Overall, the rental market in Creston, Michigan is becoming more attractive for tenants. With more listings and lower prices, tenants have more options and can find a place to live that fits their budget. This is good news for tenants looking for a place to rent in the area.

Median rent for all residential properties in Creston

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The most expensive listings and top trending buildings in Creston

Most Expensive Listings

AddressRent PriceBed / Bath
130 Burr Oak St NE$2,3004 / 2.0
2110 Swensberg Ave NE$2,1954 / 1.5
109 Leonard St NE$1,9504 / 1.0
1244 Spring Ave NE$1,8003 / 1.0
301 Ann St NE$1,7003 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$850

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Bedroom Breakdown in Creston

Studio
$825
MEDIAN RENT
1 Bedroom
$850
MEDIAN RENT
2 Bedroom
$975
MEDIAN RENT

Creston neighborhood apartments rents

The rental market for studios in Creston, Michigan appears to be relatively stable, with only one new studio listing in May 2022. The median rent for studios in May 2022 is $825, though the median rent for April 2022 is not available, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Creston appears to be relatively steady.

The rental market for 1-bedroom apartments in Creston, Michigan remains steady in May 2023, with only one new listing and no change in median rent from April 2023. The median rent for 1-bedroom apartments in May 2023 is $850, which is the same as the median rent in April 2023. This indicates that the rental market in Creston is stable and that there is no significant change in the cost of renting a 1-bedroom apartment.

The rental market for 2-bedroom apartments in Creston, Michigan is in flux. In May 2023, there was only one new listing, and the median rent dropped 35.0% from April 2023 to $975. This suggests that the market is becoming more competitive, with fewer available listings and lower prices. It remains to be seen if this trend will continue in the coming months.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Creston is $1,600.
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